2, KINGS MEAD, CHEVELEY, NEWMARKET, CB8 9EP - £579,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 KINGS MEAD is a large extended detached house of 195m², built sometime between 1996 and 2002. It was last sold for £579,000 in March 2021, which was around 46% above the average March 2021 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

2 KINGS MEAD Sold Prices

Land registry data shows three sales for 2 KINGS MEAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. All of the three 2 KINGS MEAD sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 2 MAR	£579,000	£396,015	46% above HPI
2012 11 JUL	£495,000	£247,582	100% above HPI
1999 2 NOV	£282,450	£111,389	154% above HPI

2 KINGS MEAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Cambridgeshire local authority area over time, sourced from the HPI. The three 2 KINGS MEAD sales between November 1999 and March 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2012 sale was for 100% above the HPI. So the extrapolation line tracks at 100% above the HPI over time, until the March 2021 sale, where it falls to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is 2 KINGS MEAD?

2 KINGS MEAD is 195m², which includes two extensions, according to the EPC inspection conducted in May 2011. This puts it in the largest 30% of detached houses in Cheveley, based on EPC data. The below chart shows the distribution of detached houses by size in Cheveley, and where 2 KINGS MEAD lies on this distribution: 70% of detached houses are smaller than 2 KINGS MEAD, and 30% of houses are larger. Note that EPC data is not available for all properties in Cheveley.

2 KINGS MEAD: Plot and Title Map

2 KINGS MEAD sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of 2 KINGS MEAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 KINGS MEAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 KINGS MEAD?

2 KINGS MEAD is located in CHEVELEY, in the CB8 postcode district. The below map shows the position of No. 2 on KINGS MEAD.